Residents worried about new low income apartment complex - WMC Action News 5 - Memphis, Tennessee

Residents worried about new low income apartment complex

Residents in one Mid-South neighborhood are outraged over plans to build an apartment complex in their community. Plans are to put up the Eagles Landing apartment complex at 7801 Shelby Drive, near Hacks Cross.

Some of the homes in a nearby Southeast Shelby County subdivision aren't even finished, and already some homeowners are having second thoughts about moving in.

"If we had known that prior to buying over here, we probably would have looked elsewhere," said homeowner Derick Coleman.

60% of the apartments in the complex are expected to be reserved for low-income families.   That has homeowners the nearby newly constructed subdivision concerned that their property values will go down.

Shuntea Palmer said she moved out of Hickory Hill to get away from crime.  "I feel threatened that this is going on.  It's a slap in the face."

Now Palmer is concerned crime will follow her to her new home.  "I paid money to move into a nice neighborhood, and they're going to move low income people across the street.  I feel like that's unfair," she said.

Developers for Eagles Landing received a tax credit from the Tennessee Housing Development Agency.  In exchange for the state incentive, the developer set aside at least 20% of the units in the complex for low income housing.

"I know a lot of people need to have a place to stay," Coleman said, "but we felt like this neighborhood was going to be a safe neighborhood, virtually crime free."

Neighbors in surrounding subdivisions are talking about petitioning county commissioners low to try and keep low-income residents out, but so far no action has been taken.  Meanwhile, the Eagles Landing Complex should be complete by the end of  2007.

Another complex for low income residents is also expected to be built at Hacks Cross and Stateline Road.

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